Alibaba announced that it plans to issue HK$12 billion zero-interest exchangeable bonds. The bonds can fulfill their exchange obligations by delivering Alibaba Health shares, etc. Jefferies said that considering Ali Health's strong stock price performance since this year, the cost of this financing is expected to be relatively low. Analyst Thomas Chong and others said in the report that Alibaba currently holds about 64% of Alibaba Health's shares, while Alibaba Health's stock price has risen by about 40% from the beginning of the year to date, which helps reduce financing costs. The benchmark interest rate for Hong Kong dollar-denominated exchangeable bonds is lower than the US dollar, and financing is more advantageous.

Alibaba announced that it plans to issue HK$12 billion zero-interest exchangeable bonds. The bonds can fulfill their exchange obligations by delivering Alibaba Health shares, etc. Jefferies said that considering Ali Health's strong stock price performance since this year, the cost of this financing is expected to be relatively low. Analyst Thomas Chong and others said in the report that Alibaba currently holds about 64% of Alibaba Health's shares, while Alibaba Health's stock price has risen by about 40% from the beginning of the year to date, which helps reduce financing costs. The benchmark interest rate for Hong Kong dollar-denominated exchangeable bonds is lower than the US dollar, and financing is more advantageous.